Answer:
I believe the answer is B.
Explanation:
I appologize if I'm incorrect xD
Answer:
Banks needed a source of emergency reserves to prevent the panics and resulting runs from driving them out of business. A particularly severe panic in 1907 resulted in bank runs that wreaked havoc on the fragile banking system and ultimately led Congress in 1913 to write the Federal Reserve Act.
It is true King was the second american whose birthday was observed as a national holiday